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Educational materials for IPMAT and IIMB UG preparation
4 years, 4 months ago
selling an item for 440 rupees loss is 60% of the profit received on selling the same item in thousand rupees know the purchase price of that item
4 years, 3 months ago
Let cost price be X
According to question
(X-440)=(1000-X)×60%
(X-440)=(1000-X)×3/5
5X-2200=3000-3X
8X=5200
X=5200/8
X= 650
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